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David Jones, the new administrator for a surgical clinic, was trying to evaluate how to allocate his indirect expenses. His staff was complaining that current method of taking a percentage of revenues was unfair. He decided to try to allocate utilities based on square footage of every department, administration based on direct costs, and laboratory based on tests. Use information in the chart below to answer problems 3, 4 and 5. Square Footage Direct Expenses Lab Tests Utilities $ 200,000 Administration 2,000 500,000 Laboratory 2,000 625,000 Day-op Suite 3,000 1,400,000 4,000 Cystoscopy 1,500 300,000 500 Endoscopy 1,500 600,000 500 Total 10,000 $ 3,625,000 5,000 1. What are Day Op Suite's total expenses? 2. What are Cystoscopy Department's total expenses? 3. What are Endoscopy Department's total expenses?
Record the following transactions in the general journal - Prepare a trial balance for the month ended March 31, 2007
Prepare a statement of cash flows in proper form for 2006, using the indirect or the direct method and Prepaid expenses pertain to operating expenses; accounts payable pertains to merchan-dise purchases.
Determine the rate used to discount the noninterest-bearing note. Determine the explicit interest rate on Note 2.
The Towson Manufacturing Corporation applies overhead on the basis of machine hours. The subsequent divisional information is presented for
Prepare an adjusted trial balance and Prepare an income statement, a statement of owner's equity, and a balance sheet.
Should Obbo and Hanley keep quiet? What other options are open to them? How should Knightly have dealt with Obbo's and Hanley's complaints
Prepare a cash Budget and a schedule of expected cash collections - Purpose a schedule of exposed cash collections for April, May, and June for the three months in total.
Purpose a letter/memo to the company's CEO with specific recommendations regarding your budget.
Analyze the company's operations, results and future. Show the three options available to Eileen and Fred.
When a company spins off a subsidiary by paying out shares in the subsidiary as a dividend to shareholders and the level of a firm's FCF used to value its enterprise value is unaffected
Determine unit contribution margin for Hawaiian fruit pizza and Aloha seafood pizza? Evaluate the new breakeven in units and in sales dollar of each pizza?
Find what transfer price would you recommend and why and evaluate what transfer price would you recommend if the Battery division is now selling 1,000,000 batteries a year to retail outlets?
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